Why baby boomers won't move

Research from mortgage investor Freddie Mac reveals that boomers and other home owners aged 55 and above control almost two-thirds of America's home equity – about US$8 trillion. In the Freddie Mac 55+ Survey of about 4900 home owners born before 1961, most indicate that they are “very
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Earlier, CBN Governor, Godwin Emefiele, in an NCR News Letter, stated: “There is empirical evidence, that the establishment of collateral registries has increased lending to MSMEs in other jurisdictions. “In China, for example, the adoption of the collateral registry resulted in 84 percent of SMEs securing
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“Despite a shrinking inventory, the Massachusetts real estate market continues to keep on truckin',” said Timothy Warren, CEO of The Warren Group. “The 5.5 percent gain in sales volume last month is the biggest monthly increase since March and the prior two months showed a slight decline. Demand
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The Twitter Inc. accounts of U.S. President Donald Trump, @POTUS and @realDoanldTrump, are seen on an Apple Inc. iPhone arranged for a
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SINGAPORE – The Monetary Authority of Singapore (MAS) sounded a note of caution on the property market on Thursday (Nov 30), saying that recent market developments such as the en bloc rage and rising land prices could pose risks to the market's stability. Market players should therefore take a
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My client is one of the most highly respected mortgage platforms on the street. I have openings for experienced modeling quants and developers, and are looking for candidates from mortgage platforms with strong C++ and Intex skills. Experience can range from 3 years and up in a similar role. This is on
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Herndon Capital Management LLC grew its stake in International Business Machines by 39.0% in the second quarter. Herndon Capital Management LLC now owns 695 shares of the technology company's stock worth $107,000 after purchasing an additional 195 shares in the last quarter. Edge Wealth
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Rap icon and business mogul Jay-Z is worth an estimated $810 million—not counting his wife Beyoncé's few hundred million—but his money doesn't
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Washington (CNN) President Donald Trump claimed on Wednesday that the Senate Republican tax plan will cost him and his family “a fortune.”.
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A royal commission into Australia's banking sector will be launched after the Big Four themselves called for “properly constituted inquiry”. Prime Minister Malcolm Turnbull announced the $75 million inquiry this morning saying speculation about the commission was moving into “dangerous territory” that
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AGNC Investment logo Advisor Group Inc. grew its stake in AGNC Investment Corp. (NASDAQ:AGNC) by 34.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 60,779 shares of the real estate investment trust's stock after
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Coinbase, one of the most popular digital-coin exchanges for retail investors, has its eye on institutional cash looking for a way into cryptocurrencies.
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Attorney General Jeff Sessions reacts to the audience as he arrives to speak at the Federalist Society 2017 National Lawyers Convention at the
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Nationwide Building Society yesterday became the first high-street lender to launch a lifetime mortgage, capitalising on a surge in the number of baby boomers wanting to take equity out of their homes. The lender yesterday announced the product, available to borrowers aged between 55 and 84, who it
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WEDNESDAY: Labor Department releases weekly jobless claims, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.; Commerce Department releases durable goods for October, 8:30 a.m.; Federal Reserve releases minutes from its October interest-rate meeting.
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The idea that consolidation will help resolve the problems confronting the public sector banks in the country, is not correct, said YV Reddy, former
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BEIJING (Reuters) – China's new home prices rose at a slightly faster pace in October after gains had held steady the previous month, as prices
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The deal will make Tiptree, a financial services holding company, the … million at issuance and assume about $261.2 million in mortgage financing.
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Escrow — managed by the title company — begins when your firm offer to purchase a specific home property is accepted by the seller. Previous to that
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“He said, 'This is the house I'm raising my kids in, I can't mortgage my house and lose my home. What you see is an incredible amount of pressure on
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